| SPXL latest price $99.3600 (0.56%) ($98.4400 - $99.7300) on Wed. May. 26, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.61% (three month average) |
RSI | 49 |
Latest Price | $99.3600(0.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 1.2% a day on average for past five trading days. |
Weekly Trend | SPXL advances 0.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SPXL advance at 0% a week (0% probability) IVW(97%) IWF(97%) DIA(94%) QQQ(94%) IVE(93%) |
Factors Impacting SPXL price | SPXL will decline at least -1.305% in a week (0% probabilities). VIXM(-54%) UUP(-30%) VXX(-15%) TBT(-2%) IGOV(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.305% (StdDev 2.61%) |
Hourly BBV | -0.6 () |
Intraday Trend | 0.1% |
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